# Northvolt: Battery, Stockholm, Sweden

> Northvolt: Northvolt is a battery manufacturer for electric vehicles, industrial systems, and energy storage systems. Based in Stockholm, Sweden.

Source: https://millionrounds.com/startup/northvolt-3 (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Battery startup](https://millionrounds.com/companies)

# Northvolt

Northvolt is a battery manufacturer for electric vehicles, industrial systems, and energy storage systems.

Funding reported Last round: Debt Financing

Battery Stockholm, Sweden

Company summary

- **Founded:** - not reported
- **Team:** - not reported
- **Funding reported:** 5B as listed, currency not stated
- **Last round:** Debt Financing date not reported

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Northvolt has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Northvolt raised

Funding, as reported

Reported in all **5B** in the source's currency

Last round **Debt Financing**

Investors listed **5**

## Founders and team

From Northvolt's own website: 3 on the team.

- **Matthias Arleth** Chief Operations Officer
- **Pia Aaltonen-Forsell** Chief Finance Officer
- **Scott Millar** Chief Restructuring Officer

## Battery in Sweden

Startups like it

- [**Granode Materials** Sundsvall · founded 2021](https://millionrounds.com/startup/granode-materials)
- [**Farmers First** founded 2020](https://millionrounds.com/startup/farmers-first)
- [**Stey** Bromma · founded 2021](https://millionrounds.com/startup/stey)

## Is this your company?

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